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Japan Average Wages Rise - Nasdaq.com

03/04/15, 02:55 am

Mr. Abe pins great hopes on ongoing annual wage negotiations between large employers and major labor unions for the coming business year. The conclusion of most wage talks will come around March 18. Last year, large unions and employers agreed on an average 0.4% increase in base wages--excluding bonuses and overtime--a very small gain this link but nonetheless the highest in 15 years, as Japan Inc. reported record earnings. Many employers chose to share their profits in the form of higher one-time bonuses, rather than via permanent read more pay raises. Read more: http://www.nasdaq.com/article/japan-average-wages-rise-20150302-01774